Global Retirement Partners LLC Makes New Investment in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Global Retirement Partners LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the fourth quarter, Holdings Channel.com reports. The firm acquired 2,670 shares of the company’s stock, valued at approximately $92,000.

Several other hedge funds and other institutional investors have also made changes to their positions in RECS. Comprehensive Financial Planning Inc. PA purchased a new stake in Columbia Research Enhanced Core ETF in the fourth quarter worth $37,000. Allworth Financial LP bought a new stake in Columbia Research Enhanced Core ETF during the 3rd quarter valued at about $48,000. AdvisorNet Financial Inc purchased a new stake in Columbia Research Enhanced Core ETF in the 4th quarter valued at about $182,000. Perigon Wealth Management LLC purchased a new stake in Columbia Research Enhanced Core ETF in the 4th quarter valued at about $213,000. Finally, Tcfg Wealth Management LLC bought a new position in Columbia Research Enhanced Core ETF in the 4th quarter worth about $214,000.

Columbia Research Enhanced Core ETF Stock Performance

Columbia Research Enhanced Core ETF stock opened at $34.56 on Friday. The company has a market capitalization of $1.83 billion, a PE ratio of 23.97 and a beta of 0.94. The company has a 50 day moving average price of $35.35 and a 200-day moving average price of $34.68. Columbia Research Enhanced Core ETF has a fifty-two week low of $29.41 and a fifty-two week high of $36.60.

Columbia Research Enhanced Core ETF Profile

The Columbia Research Enhanced Core ETF (RECS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US stocks pulled from the Russell 1000. The index uses multifactor selection and market cap weighting. RECS was launched on Sep 25, 2019 and is managed by Columbia.